MCDOWELL_N has given good Cup n Handle breakout at 880 level. Can expect some good buying momentum from here on. 1st Target: 950 2nd Target: 990 SL: Daily close below 870 Timeframe: Can achieve target in 2wks to 4 wks. Note: This is very good stock and can give even further upside move towards new ATH, as it is breaking out after huge consolidation since Oct'21 (1...
SunPharma has formed cup n handle pattern at 945-950 levels. A daily candle close above 950 will confirm upside journey. Target is coming to 1090+ (> 15%) View: 1-2 months SL: daily candle close below 920 levels.
AXISBANK has given cup n handle pattern breakout at 840-860 resistance levels. The breakout has been confirmed by giving a strongly weekly close above the s=resistance zone of 860. First target: Around 1050 Second Target: Around 1340 SL: Daily candle close below 840 View: ~ 1 year
UBL has given rectangle channel breakout with good volume and momentum above 1720 levels.0 Can expect target of 1830 levels in 1-2 wks time. SL: HRly candle close below 1700 levels.
Granules has give inverted head and shoulder breakout with good volumes. Breakout level:325 to 330 Target 1: 355+ Target 2: 415 + View: 1 to 2 months SL: Daily candle close below 325 levels.
MAHINDCIE is at 290-300 resistance level, this has been a strong resistance since listing days - Jan'08. The stock is looking strong with some good buying volumes in recent times. For more confidence on the up move confirmation, one can wait for another 1 wk candle close above 300 levels. Post which we can see strong upwards momentum. It has formed a nice Cup n...
TCS has given inverted Head and shoulder breakout at 3025 resistance level with good volume. This seems to be good signal of trend reversal in the stock after underperformance since long. Good for short / medium trade/investment. SL: Hrly close below 2975 levels.
TATAPOWER is giving cup n handle brkout at 235 level. Has to give HRly candle close above 235 level. Target: 251+ SL: 230 below View: 2-5 days
TORNTPOWER has given trendline breakout on the upside. Positional target: 660+ SL: 535 (below trendline)
ALKYLAMINE has formed descending triangle pattern. Breakout confirmation: 15 min candle close above 3100 level. Target: 3300 SL: below 3070
ADANIPORTS has given range breakout at 900 levels. One can look to accumulate on small corrections (in case comes to 20 ema on daily timeframe). Target: 1125+ View: 1-3 months SL: Daily candle close below 900
ICICI Bank has given cup n handle breakout, for target of 925+ SL: 890 below View: 1-3 days
IOC has given triangle pattern breakdown at 70 level. Target 65.5 - 65-75 SL: 71 above View: 2-4 days
BANKBARODA showing triangle pattern formation. Breakout level for upside is 119.5-120 (has to give a 15 min candle close above this level). Target : 128+ SL: Below 117.5 View: 1-2 days
BOSCHLTD has formed a nice descending triangle pattern. For upside move, it has to give 15 mins candle close above 17510 level. Target : 18300+ SL: 17200 View: 1-3 days
AJANTPHARM has formed descending triangle pattern and breakout will confirm above 1285 level (15 min candle close). Target: 1340+ SL: below 1270
ACC has given trendline breakout on the upside at 2270 levels. Target: 2570+ SL:DLY candle close below 2220 View: 1-2 months
USD/INR has given cup n handle breakout with gap above 80 levels. Target is coming to 81.5 - 81.7 range.